Gold Silver Ira
A gold ira is a specie pun intended of an individual retirement account ira that allows investors to own physical gold silver platinum and palladium instead of more usual assets such as.
Gold silver ira. Getting started with a gold or silver ira with oxford gold group consists of three steps. To qualify as an ira approved product precious metals must meet minimum fineness levels. Put gold silver in your ira or 401k transfer your ira to gold transfer ira to silver transfer 401k to gold transfer 401k to silver gold retirement account silver retirement account precious metals ira precious metals 401k free ira guide. In the case of a silver ira you will invest in approved silver and have it stored at an approved precious metals depository.
It s simple to get started investing in physical gold and silver in an ira. First you ll complete a self directed ira application and mail fax or email it directly to oxford. You can open an ira with any of our supported custodians. It functions the same as a regular ira only instead of holding paper assets it holds physical bullion coins or bars.
It takes 24 hours for your new account to get set up. Like a gold ira a silver ira is a specialized individual retirement account that uses precious metals as the investment material. These bars and coins are all ira eligible because they either meet a purity requirement are manufactured by an approved mint or both. Ira eligible silver products only certain silver bullion is approved for purchase in a precious metals ira individual retirement account.
A silver ira is an individual retirement account in which physical silver is held in custody for the benefit of the ira account owner.